INDIANA RESOURCES LIMITED — Director's Dealing 2021

Aug 10, 2021

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Indiana Resources Limited ABN 67 009 129 560

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Bronwyn Barnes
Date of last notice	30 July 2021

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect (2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect (1)- held by Laclos Pty Ltd (‘Laclos’), an entity controlled by the Director; Indirect (2)– held by S & B Barnes Family Trust (‘SBBFT’), an entity controlled by the Director; Indirect (3)– held by Bronwyn Barnes Family Trust (‘BBFT’), an entity controlled by the Director.
Date of change	10 August 2021

• See chapter 19 for defined terms.

16/4/2012

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Indirect (1) – held by Laclos (i) 3,680,436 Ordinary Fully Paid Shares; (ii) 800,000 Unlisted Options exercisable at $0.09 on or before 14 January 2023; (iii) 800,000 Unlisted Options exercisable at $0.12 on or before 14 January 2023; Indirect (2) – held by SBBFT (i) 8,518,127 Ordinary Fully Paid Shares; (ii) 3,300,000 Listed Options exercisable at $0.03 on or before 5 August 2021; (iii) 8,000,000 Unlisted Options exercisable at $0.035 on or before 2 March 2022. Indirect (3) – held by BBFT (i) 9,050,000 Ordinary Fully Paid Shares; (ii) 1,500,000 Unlisted Options exercisable at $0.04 on or before 5 October 2023; (iii) 2,000,000 Unlisted Options exercisable at $0.07 on or before 5 October 2023.
Class	Indirect (2) – held by SBBFT (i) Ordinary Fully Paid Shares (ii) Listed Options exercisable at $0.03 on or before 5 August 2021.
Number acquired	(i) 3,300,000 ordinary Fully Paid Shares
Number disposed	(i) 3,300,000 Listed Options exercisable at $0.03 on or before 5 August 2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$99,000
No. of securities held after change	Indirect (1) – held by Laclos (i) 3,680,436 Ordinary Fully Paid Shares; (ii) 800,000 Unlisted Options exercisable at $0.09 on or before 14 January 2023; (iii) 800,000 Unlisted Options exercisable at $0.12 on or before 14 January 2023; Indirect (2) – held by SBBFT (i) 11,818,127 Ordinary Fully Paid Shares; (ii) 8,000,000 Unlisted Options exercisable at $0.035 on or before 2 March 2022. Indirect (3) – held by BBFT (i) 9,050,000 Ordinary Fully Paid Shares; (ii) 1,500,000 Unlisted Options exercisable at $0.04 on or before 5 October 2023; (iii) 2,000,000 Unlisted Options exercisable at $0.07 on or before 5 October 2023.

• See chapter 19 for defined terms. Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Exercise of 3,300,000 Listed Options exercisable at $0.03 on or before 5 Example: on-market trade, off-market trade, August 2021 exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

16/4/2012

Appendix 3Y Page 3